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Selena Gomez Purchases Tom Petty's Old Estate

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This March, Selena Gomez shelled out $4.9 million to purchase Tom Petty's old house-- yea, the same one an arsonist claimed in the 80s. Gomez is headed to Encino, an area with a strong market right now, from her home in the Hidden Hills.

Airline Tycoon, David Neeleman, Lists CT Manor for $8.3M

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Airline magnate David Neeleman has just listed this Euro-style manor for $8.3M. This custom estate was built twelve years ago on 3.4 acres in New Canaan, Connecticut, and draws inspiration from the chateaus found along the French countryside.